"With the economic situation what it is, we scaled down in terms of type of clothing that we're getting. There was a Naeem Kahn dress that went for $3,000, and they watched it and watched it and by the time we got it, it was like $800. So we are being mindful of the budget and waiting for markdowns on Ugly Betty," the actress tells the source.

So, if a fashion magazine's editor-in-chief is making wardrobe cuts, what about our other prime-time favorites?

With her quirky style sense, America Ferrara's Betty can get by on thrift shop duds, but where would Lloyd from "Entourage" be without his snazzy ties?

Will the "Grey's Anatomy" doctors stay in scrubs 24/7, foregoing Seattle Grace's local bar for the sake of not having to change into actual clothes.

What if "Dancing with the Stars" ditches those over-the-top bedazzled costumes in favor of plain leotards. (Okay, this is getting depressing!)